Radford City, Virginia home prices
Typical home $265,800 · +3.5% in a year · property tax 0.72%
The typical home in Radford City is worth $265,800, 36% less than the Virginia typical home ($412,252). Values changed +3.5% in the past year and +20.4% over five years. Homeowners here pay a median 0.72% of their home's value in property tax each year ($1,904 on the typical home), versus 0.71% statewide.
Mortgage on the typical Radford City home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,160 | $212,640 | $1,430 | $0 | $292 | $1,722 | $73,800 |
| 10% down | $26,580 | $239,220 | $1,609 | $100 | $292 | $2,000 | $85,700 |
| 5% down | $13,290 | $252,510 | $1,699 | $105 | $292 | $2,095 | $89,800 |
| 3.5% down (FHA) | $9,303 | $260,986 | $1,756 | $118 | $292 | $2,165 | $92,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.72% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Virginia · part of the Blacksburg metro area.
Virginia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Portsmouth City | $266,486 | +2.5% | 1.04% |
| Amherst County | $262,078 | +1.9% | 0.46% |
| Campbell County | $273,460 | +2.2% | 0.45% |
| Washington County | $258,078 | +2.5% | 0.5% |
| Charles City County | $273,657 | +0.0% | 0.56% |
| Floyd County | $273,743 | +11.5% | 0.55% |
| Southampton County | $273,820 | +2.4% | 0.66% |
| Hampton City | $279,270 | +2.5% | 0.95% |
| Surry County | $279,671 | +1.4% | 0.69% |
| Colonial Heights City | $280,370 | +0.5% | 0.84% |
Frequently asked questions
What is the average home price in Radford City, VA?
The typical home value in Radford City is $265,800 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Radford City?
About $73,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Radford City?
The median effective rate is 0.72% of home value a year (Census ACS 2024 5-year estimates).